Category: Economic Injury Disaster Loan (EIDL)
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EIDL, Restaurant Grants Offer Relief to Struggling Small Businesses
The American Rescue Plan Act (ARPA), signed into law in early March, aims at offering widespread financial relief to individuals and employers adversely affected by the COVID-19 pandemic. The law specifically targets small businesses in many of its provisions. If you own a small company, you may want to explore funding via the Small Business…
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SBA Reopens EIDL Program to Small Businesses and Non-Profits
The Small Business Administration (SBA) recently announced that it has reopened the Economic Injury Disaster Loan (EIDL) and EIDL Advance programs to eligible applicants still struggling with the economic impact of the COVID-19 pandemic. The EIDL program offers long-term, low-interest loans to small businesses and non-profits. If your company hasn’t been able to procure financing…